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Month: May 2025

Eramet: Ordinary and Extraordinary General Meeting on May 26th, 2025; appointment of Paulo Castellari as Chief Executive Officer

Paris, 26 May 2025, 6:15 p.m. PRESS RELEASE Ordinary and Extraordinary General Meeting on May 26th, 2025; appointment of Paulo Castellari as Chief Executive OfficerSeparation of roles of Chair of the Board and Chief Executive Officer Renewal of Ms. Christel Bories as Chair of the Board Appointment of Mr. Paulo Castellari as Chief Executive Officer, effective from today Approval by the shareholders of all the resolutions proposed at the General MeetingThe Ordinary and Extraordinary General Meeting of Eramet Shareholders was held on Monday, May 26th, 2025 in Paris, chaired by Ms. Christel Bories, Chair and CEO of Eramet, in compliance with all applicable legal and regulatory provisions, as well as the recommendations of the French Financial Markets Authority (AMF). The Board of Directors acknowledged the renewal,...

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PRESS RELEASE: NACON ANNOUNCES AGREEMENT WITH WRC PROMOTER FOR THE PUBLISHING OF THE OFFICIAL GAMES OF THE FIA WORLD RALLY CHAMPIONSHIP, FROM 2027 TO 2032

NACON ANNOUNCES AGREEMENT WITH WRC PROMOTER FOR THE PUBLISHING OF THE OFFICIAL GAMES OF THE FIA WORLD RALLY CHAMPIONSHIP, FROM 2027 TO 2032 Lesquin, May 26, 2025 – NACON is pleased to announce the signing of a new agreement with WRC Promoter for the publishing of games based on the FIA World Rally Championship (WRC). The agreement covers the development and publishing of the official WRC games and eSports competitions, granting NACON exclusive rights for PC and consoles for six seasons, from 2027 through 2032. As part of this strategic partnership, NACON will begin development of an all-new WRC game series, aiming to deliver an immersive experience that faithfully reflects the reality of the championship and meets the expectations of both rally enthusiasts and new players. The games will feature the official rallies, vehicles, teams,...

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CN to Invest $290 Million in Saskatchewan to Build Capacity and Power Sustainable Growth

MONTREAL, May 26, 2025 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately $290 million CAD in Saskatchewan, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the province. This includes major projects to support customer initiatives and our agriculture industry partners to improve the movement of grain and fertilizers. These investments will help ensure the safe movement of goods and support long-term sustainable growth in Saskatchewan and across CN’s network. “We believe that investing in our network is about building for the future. Our continued infrastructure investment in Saskatchewan will help strengthen the resiliency, and efficiency of our network across the province. Our focus remains on...

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Koryx Copper Announces Further Highly Encouraging Drill Results at the Haib Copper Project, Southern Namibia

Highlights   • Completed 29 drill holes out of a planned 37 holes in Phase 2 for 8,647m of diamond drilling.  • Many results received have higher Cu grade than average MRE over large intercepts and include:           • HM62: 572m @ 0.33% Cu (0 to 572m)          incl. 68m @ 0.53% Cu (76 to 114m)          incl. 34m @ 0.42% Cu (188 to 222m)          incl. 110m @ 0.41% Cu (232 to 342m)          incl. 54m @ 0.41% Cu (452 to 506m)    • HM51:  112m @ 0.32% Cu (20 to 132m)        12m @ 0.58% Cu and 0.09g/t Au (202 to 214m)    • HM64: 28m @ 0.42% Cu (44 to 72m)        26m @ 0.66% Cu and 0.05g/t Au (88 to 114m)        48m @ 0.46% Cu (370 to 418m)    • HM58: 92m @ 0.34% Cu (48 to 140m)    • HM66: 12m @ 0.41% Cu (68 to 80m)        20m @ 0.38% Cu (164 to 184m)    • HM67: 30m @ 0.36% Cu (78 to...

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Reykjavík Energy | Strong First-Quarter Performance

Reykjavík Energy (Orkuveita Reykjavíkur; RE) returned a profit of ISK 4.5 billion for the first three months of the year, according to the consolidated interim financial statements approved by the Board today. During the same period in 2024, profit amounted to ISK 2.9 billion. In addition to the parent company, the group comprises Veitur Utilities, ON Power, Reykjavík Fibre Network, and Carbfix.  RE’s revenues increased by 7% compared to the same period last year, while expenses declined by the same proportion. Although salary expenses rose year-on-year, other operating costs decreased, and during the quarter ON Power received a reimbursement of approximately ISK 450 million due to a correction in Landsnet’s tariff schedule.  Cash flow from operations amounted to ISK 9.4 billion, up from ISK 8.0 billion during the same period in 2024....

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North Media intends to appeal the Danish Maritime and Commercial High Court ruling regarding FK Distribution tying sales conditions in 2018-2019

Investor news 26 May 2025 Today, the Danish Maritime and Commercial High Court has upheld the rulings of the Competition and Consumer Authority and Competition Appeals Board, that North Media’s subsidiary FK Distribution in 2018-2019 abused its dominant position by applying tying conditions for physical and digital distribution of leaflets in contracts with customers. North Media Group CEO Lasse Ingemann Brodt says:“We have taken note of the Maritime and Commercial High Court’s judgment and that there has been disagreement about it, as two out of five judges do not believe that FK Distribution has abused its position. We strongly disagree with the judgment. The matter concerns Danish media and advertising distributors’ ability to compete effectively against global online giants, to the benefit of customers and consumers, and...

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Exodus Launches XO Pay: Direct Crypto Purchasing Service for U.S. Mobile Customers

OMAHA, Neb., May 26, 2025 (GLOBE NEWSWIRE) — Exodus announces the launch of XO Pay, a new service that allows customers to buy and sell cryptocurrency directly within the Exodus Mobile wallet. Developed by Exodus and powered by Coinme’s Crypto-as-a-Service API platform, XO Pay is the first self-custody wallet with native on-ramping. XO Pay eliminates the need for third-party exchanges, providing a seamless crypto buying experience for customers with all the benefits of self-custody. XO Pay currently supports popular cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Polygon (POL), Litecoin (LTC), Chainlink (LINK), Stellar (XLM), and USD Coin (USDC). Customers can make purchases using Visa or Mastercard debit cards, Apple Pay, or Google Pay. XO Pay is now available to customers across the United States, with...

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CBL International Limited Announces Name Change of Singapore Subsidiary to Support Regional Growth Strategy

Kuala Lumpur, Malaysia, May 26, 2025 (GLOBE NEWSWIRE) — CBL International Limited (NASDAQ: BANL) (“CBL” or the “Company”), the listing vehicle of Banle Group (“Banle” or the “Group”), a leading marine fuel logistics company in the Asia-Pacific region, today announced the official renaming of its Singapore-based wholly owned subsidiary, Majestic Energy (Singapore) Pte Ltd, to support its regional growth strategy. Effective immediately, Majestic Energy (Singapore) Pte Ltd has been officially renamed to Banle International (Singapore) Pte Ltd, reflecting the Group’s deepening commitment to the Singapore market and its strategic expansion into sustainable fuels. Singapore remains the world’s largest bunkering hub, with annual sales close to 55 million metric tons in 2024, increased by 6% year-over-year as compared to 2023, according...

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CANADA CARBON INC. ANNOUNCES EXTENSION OF PRIVATE PLACEMENT

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Toronto, ON, Canada, May 26, 2025 (GLOBE NEWSWIRE) — Further to its press release on March 14, 2025, Canada Carbon Inc. (the “Company“) (TSX-V : CCB) announces it has been granted a 30 day extension to close its previously announced non-brokered private placement of up to 35,000,000 units (each, a “Unit”) at a price of $0.02 per Unit for aggregate gross proceeds of up to $700,000 (the “Offering”). Each Unit shall be comprised of one (1) common share in the capital of the Company (each, a “Common Share”) and one (1) common share purchase warrant (each, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one (1) Common...

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